For the purposes of good stewardship, transparency and accountability, the Diocese has established thresholds where parishes, schools, offices and agencies must submit detailed documentation about spending plans and apply for permission before the spending can take place.

Expenditures that are less than $29,000 does not need diocesan approval; however, local guidelines for seeking price quotes must be followed.

The norm is that any project or item over $5,000 must have comparative price quotes and discussed by the local finance council or like advisory body.

Related Spending: while less than $29,000 does not need diocesan approval, expenditures that are related to any other spending for similar or connected projects spanning 24 months or less, where the combined costs will be $29,000, must follow the approval process.

Up to $29,000* - approved at Local Level (Parish, School, Institution or Diocesan Agency) * Or 5% of the prior year’s ordinary annual income, whichever is lower.

** Any entity that is unable to meet its financial responsibilities to the diocese, (i.e. diocesan bills over 30 days or CLA debt), is not to spend any money outside of its normal operating budget without the approval of the diocese.